Coir Vikas Yojana- Coir Industry Technology Upgradation Scheme

Coir Vikas Yojana- Coir Industry Technology Upgradation Scheme क्या है?

The scheme “Coir Industry Technology Upgradation Scheme (CITUS)” is a component of “Coir Vikas Yojana” and the scheme was launched by Ministry of Micro, Small & Medium Enterprises, Government of India.

लाभ

1. Assistance under the component will be available to entrepreneurs in the categories of SHGs, Associations, and Enterprises from small/medium/co-operative/public sector, interested in the production of value-added coir/coir blended items, where coir is the dominant fiber, by setting up a new unit or adding to the existing capacity, subject to investment only in new Plant and Machinery. 1. All eligible Coir units under the component will be entitled to get financial assistance for the procurement of eligible Plants and Machinery for modernization, upgradation, and/or establishing a new unit on making an application in the prescribed format for the purpose. 1. The financial assistance shall be 25% of the cost of admissible items of Plant and Machinery procured by the Coir units. 1. The upper ceiling of the financial assistance will be ₹2.50 crore per coir unit/project. 1. The financial assistance will be payable only in Indian Rupees in India through Direct Benefit Transfer (DBT) mode and Public Finance Management System (PFMS) as reimbursement of the amount invested. **Note 01:** Single unit/enterprise will not be allowed for grant of assistance under this Scheme. **Note 02:** No applications from those units exceeding the investment limits prescribed for medium-scale enterprises in the MSME Act, from time to time, shall be considered for grant of assistance under this component. **Note 03:** The amount will be released after the Coir Unit installs the appropriate/approved P

स्तर

Central

मंत्रालय / विभाग

Ministry Of Micro, Small and Medium Enterprises

लाभ का प्रकार

cash

मुख्य पात्रता

1. All newly established coir production/processing units in the categories of individuals/partnership firms, SHGs, Associations, and enterprises from small scale/medium / co-operative/ private sector / public sector, interested in the production of value-added coir /coir blended items, where coir i

अंतिम सत्यापन

Recently

Benefits

1. Assistance under the component will be available to entrepreneurs in the categories of SHGs, Associations, and Enterprises from small/medium/co-operative/public sector, interested in the production of value-added coir/coir blended items, where coir is the dominant fiber, by setting up a new unit or adding to the existing capacity, subject to investment only in new Plant and Machinery. 1. All eligible Coir units under the component will be entitled to get financial assistance for the procurement of eligible Plants and Machinery for modernization, upgradation, and/or establishing a new unit on making an application in the prescribed format for the purpose. 1. The financial assistance shall be 25% of the cost of admissible items of Plant and Machinery procured by the Coir units. 1. The upper ceiling of the financial assistance will be ₹2.50 crore per coir unit/project. 1. The financial assistance will be payable only in Indian Rupees in India through Direct Benefit Transfer (DBT) mode and Public Finance Management System (PFMS) as reimbursement of the amount invested. **Note 01:** Single unit/enterprise will not be allowed for grant of assistance under this Scheme. **Note 02:** No applications from those units exceeding the investment limits prescribed for medium-scale enterprises in the MSME Act, from time to time, shall be considered for grant of assistance under this component. **Note 03:** The amount will be released after the Coir Unit installs the appropriate/approved P

Eligibility

Documents Required

How to Apply

1. Step 1: Online application — step 1

   Steps for availing assistance: Step 01: Submit a Detailed project report (DPR) in the prescribed format to the nearest ROs/SROs of the Board through online . Step 02: Obtain the In-Principle Approval (IPA) for the project from the Board Step 03: Procure the plant & machinery as per the approval Step 04: Erect the machinery and establish the unit Step 05: Obtain Udhyog Aadhaar Step 06: Register the unit in Coir Board Step 07: Commence the production Step 08: Submit the applications within one year after starting the production For modernization: The units which have Coir Board registration and have successfully completed 5 years after commencement of production, can apply for availing assistance under this component. Stage 1 - New Login Registration Step 01: Click on the link " Apply Now " of the CITUS Scheme. Step 02: Click on the link " New Login Registration " in the Login. Step 03: Enter Name, Aadhaar Number, email and Mobile Phone Number as per the format given on the screen Step 04: PAN number, email, and Mobile Phone Number once entered cannot be changed later in the application form. Step 05: Now you should select a secret question from the pull-down menu and then type your answer in the next field. Note down the secret question and the answer immediately. Step 06: You should now choose your User Name (minimum 8 characters and maximum 15 characters, numbers are allowed and no special characters are allowed). Step 07: Enter the Given Security PIN displayed on the screen. Step 08: You can now finalize the above details by clicking the CONFIRM Button. Remember, the email-id already used by anyone else for online application submission cannot be used again. Step 09: Immediately you will receive your username and password by email/SMS. Note: In the Future, all communications will be sent to this email and Mobile Number Only Stage-2 Submit Detailed Project Report (DPR): Step 01: In the login, type your user name and password received through email/SMS and click "Sign In" Step 02: Immediately you will be asked to change your password. Here you should set a new password and confirm it. Remember, the password is case-sensitive and the password should contain a minimum 8 characters. Step 03 : After successful login, You will be redirected to your Home Page. Step 04: Expand the Scheme CITUS by clicking on the + symbol Step 05: Click on the Link Detailed project Report and fill the Report as per the given Format Step 06: After submitting the Form, you will get a registration Number. Step 07: You will receive an SMS/email when the Coir Board Approves/Rejects your DPR (IPA) so that you can submit an online Application. Stage - 3 Application status: You can check your application status on the website by login to your Home Page with your username and Password. Keep visiting your home page of www.coirservices.gov.in for the latest developments in your application

Sources & References

• Official scheme website ↗
• Source record ↗
• Information is summarised from official government sources. Verify all details on the official website before applying.